The demand curve for a foreign currency

a. slopes upward
b. slopes downward
c. is horizontal
d. has a slope of 45 degrees
e. is vertical

B

Economics

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Why do economists care about aggregate expenditures?

What will be an ideal response?

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If marginal revenue is less than marginal cost, the firm should

A) raise price. B) raise marginal revenue. C) increase its rate of output. D) decrease its rate of output.

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